Why do we need cash?

[Bosox]

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I was talking about the cash within MY portfolio, not within some mutual funds.

Soh

[/ QUOTE ]

I suppose it depends how active you are in trading. If you sniff around a lot for good deals, it's definitely good to have quick cash around for a moment's trading notice, just like mutual funds. If you're a buy and hold type and young enough, it seems more EV to invest.